Independent broker network, Momentum Broker Solutions has announced gross revenue of £15m for 2023, with net revenue exceeding £6m – an increase of 35% on the previous year. It said gross written premium across its 95 appointed representative broker members had jumped 31% to reach £81m.

Founder and managing director Howard Pepper established Leicester-based Momentum in 2010.

He said: “This year's achievements underscore our commitment to excellence, innovation, and responsible growth. We are incredibly optimistic about the future as we continue to lead and innovate in the market.”